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Thread: Gbp/aud analysis

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    Default Gbp/aud analysis

    Looking at the GBP/AUD pair for 1 hour, it is noticeable that it is gaining some pips at the price level of 1.7520 Should there be a continuous appreciation in the price, the next resistance level will be 1.7565 with the next support level at 1.7510.

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    When you have to select a broker, try to go for a secure broker. Not all regulated brokers are highly secure and you have to be picky for selecting a secure trading broker. Eurotrader broker offers traders a 111% deposit bonus with narrow trading spread. The broker is highly secure for traders.

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    Maximum newbie traders bring up the practice of buying signals but this approach isn’t effective at all. Until a trader doesn’t develop his own signal-making skill, he is not a good trader. Eurotrader’s all facilities enlarge traders’ return.

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    Scalping strategy is common among traders but I know that traders find those strategies less effective. Traders should use multiple strategies at a time to produce better signals. FXOpulence is a regulated trading broker, allowing traders to apply all types of trading strategies on their platform.

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    Traders often lose due to poor risk management, lack of discipline, emotional decision-making, and insufficient market knowledge. Overtrading, inadequate strategy, and failure to adapt to changing market conditions also contribute to losses in trading. LQDFX broker provides free educational program to traders including webinars and other resources. They provide negative balance protection, narrow trading spread and high security of funding.

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